Wyoming · checked October 24, 2026

Payday loans in Wyoming: the rules and your way out

Payday loans allowed, with limits

Licensed post-dated check cashers may make payday loans of up to one calendar month for the greater of $30 or 20% a month, and must offer a free extended payment plan once a year.

Law: Wyo. Stat. §§ 40-14-362 to 40-14-368 (Uniform Consumer Credit Code, Art. 3, Parts 8-9). Wyoming Statutes Title 40 PDF from wyoleg.gov (file created 2026-05-08, presumably through the 2026 Budget Session).

Wyoming's rules, line by line

Largest loan: No dollar maximum found in W.S. 40-14-362 through 40-14-368.
Longest term: One calendar month (W.S. 40-14-363(b)); extended payment plans are exempt.
Fee or rate cap: Finance charge may not exceed the greater of $30 or 20% per month on the principal balance; it is fully earned the day the loan is made (W.S. 40-14-363(a), (c)).
Renewals and rollovers: A loan may not be repaid, refinanced or consolidated with proceeds of another loan from the same post-dated check casher (W.S. 40-14-364).
Payment plan if you cannot pay: Yes. A consumer unable to repay may elect a plan once every 12 months (measured from paying off the last plan) by asking and signing an amendment before 5 p.m. Mountain Time on the last business day before the due date. At least 4 substantially equal installments over at least 60 days, due on or after paydays (or at least 2 weeks apart), with no interest or added fees while the consumer complies; prepay any time. On default the lender may accelerate and charge interest at prime plus 6% (W.S. 40-14-366).
State loan database: No.
Other rights: Right to rescind at no cost by 5 p.m. Mountain Time the next business day by returning the full amount advanced in cash or certified funds; rescission information must be given in writing (W.S. 40-14-365). Lender must give a written notice that refinancing is prohibited and that these loans are for short-term needs (W.S. 40-14-367).

If you are behind on a payday loan in Wyoming

Ask for the payment plan before the due date. Wyoming law gives borrowers a way to repay in installments. The details are in the table above. Ask in writing and keep a copy.
Stop the automatic withdrawals if they are emptying your account. You can revoke the lender's permission to debit your account and tell your bank. How to do it.
Look at a credit union payday alternative loan. Federal credit unions can lend $200 to $2,000 at much lower cost. How they work.
Talk to a nonprofit credit counselor. A counselor can look at all your bills, not just this one. How to find a real one.

Check a lender, or report one

Sources

Wyoming Statutes Title 40 (PDF), read 2026-10-24
WY Division of Banking, Consumer Lending License and Registration, read 2026-10-24
WY Division of Banking, Licensee List, read 2026-10-24
WY Division of Banking, How to File a Complaint, read 2026-10-24

This page summarizes the law; it is not legal advice. Laws change, and the statute and regulator control. If something here is out of date, write to hello@paydayloan.help.